Re: WHY CHAT: NCO/Capital One UPDATE

Posted by scott (65.25.99.145) on January 31, 2003 at 22:06:03:

In Reply to: WHY CHAT: NCO/Capital One UPDATE posted by LadyM on January 31, 2003 at 21:52:54:

Settling is fine and dandy if it keeps you from being sued. However, a settlement on your credit report will kill it- literally. Try and get something in writing that says they will delete it. Also, make sure they put something in writing that your payment settles the debt IN FULL and it will not be sold or collected on again. If you do not do this in about 6 months another CA will be collecting on the remaining balance.

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